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Increase Operations Performance and Manage Supply Chain Risk
Problems in operations performance drive some of the most frequent surprises, often with the greatest consequences. You need to be able to solve today's problems today or risk losing customers and incurring substantial costs. Supply chain managers are caught between increasing supply chain complexity and substantially more volatility and supply chain risk. You are fighting a losing battle as you face 21st century challenges armed with 20th century solutions designed for a more static and forgiving environment.
The need today is to go beyond traditional planning and execution and be able to proactively identify unplanned events that could do harm to the business. Once alerted to an unexpected change, supply chain professionals need tools for risk tradeoff and response to quickly implement the most profitable actions.
The right tools can ensure that you are equipped for
- proactive supply chain risk management,
- enhanced top-line performance,
- reduced costly safety stock and
- improved margins.
Kinaxis™ RapidResponse™ meets the needs of financial analysts by delivering analysis capabilities that are integrated into the operations performance management solution:
- Evaluate revenue (time-phased, customer-specific product pricing) for the specified dimensions (sites, parts, products, divisions, orders, periods.)
- Analyze standard cost of goods sold (COGS) based on standard (finished goods) costs for the specified dimensions.
- Review planned cost of goods sold (COGS) based on dynamic roll-up of material, labor and overhead costs through the extended supply chain for the specified dimensions.
- Inspect gross margin, planned and planned % based on revenue (based on time-phased, customer-specific product pricing) and standard or planned COGS for the specified dimensions.
- Detail planned material spend for the specified dimensions.
- Calculate inventory value for the specified dimensions.
- Determine planned inventory turns.
And, since RapidResponse is an on-demand service, your investment is aligned with the value you realize and the up-front costs are limited, reducing the financial risks to your company.
Benefits include:
- close monitoring of key financial operations performance metrics vis-à-vis targets,
- rapid simulation and evaluation of changes to the operations model by changing any inputs including supply and demand quantities, material, labor, and overhead costs, product pricing and sourcing rules,
- enhanced visibility of the impact of changes on key metrics for any of the aggregate or detailed specified dimensions such as sites, parts, products, divisions, orders, and periods (time frame) and
- implementation of proactive supply chain risk management strategies based on simulation models using real operational data.
Follow the links to see how RapidResponse delivers value to your business and value to IT.
